
ADNOC and Mubadala to explore downstream investment opportunities
The companies have signed a framework agreement at ADIPEC 2018.
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The IEA's 'World Energy Outlook 2018' examines future patterns of global energy system at a time of increasing uncertainties

Under the MoU, ADNOC could store crude in two compartments of the facility in Karnataka, India.

Announcement covers the Klaipeda and Subacius oil terminal as well as the company’s refinery and LNG terminals.

Wison has successfully shipped the world’s largest single modular ethylene cracking furnace for Zhejiang Petrochemical.

The company will undertake system migration and provide ongoing services to drive safety, performance and efficiency at H&R Group's flagship chemical refinery.

Capacity additions will include a renewable naphtha finishing facility in the form of a second plant.

The US$4.61 billion sourced for the project represents the largest project financing in the Sultanate of Oman.

Unspecified oil company to enter into a tolling agreement and serve as the refinery’s supply and offtake counterparty.

The integrated industrial complex is expected to begin operations in 2025.